Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
RBOB GASOLINE Dec 2021 (NYMEX:RB.Z21)
Bull Market Weakness (+75) - RB.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RB.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RB.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.Z21
The long-term trend has been UP since Sep 26th, 2021 at 2.1109
The intermediate-term trend has been UP since Aug 29th, 2021 at 2.0500
The short-term trend has been DOWN since Oct 21st, 2021 at 2.4075
Smart Scan Analysis for RB.Z21
Based on our trend formula, RB.Z21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).